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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 487 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.👪 A teen wants to borrow for a business idea. First step? (a) borrow online alone (b) talk to parents (c) ask strangers (d) take it secretly
  2. 2.Which of these is reinvesting in the business? (a) more seeds for next time (b) an emergency fund (c) a piggy bank for later (d) sweets for yourself
  3. 3.Diya’s stall made a profit of ₹1500. 20% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  4. 4.Saanvi’s stall made a profit of ₹700. Saanvi saves 10% of it. How many rupees are saved?
  5. 5.A small family shop borrows ₹700 from a bank at 9% simple interest per year. How much interest is due after 1 year (in ₹)?
  6. 6.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) giving it away (d) putting profit back in
  7. 7.🏦 Interest on a loan is… (a) a gift (b) the cost of borrowing (c) free money (d) a discount
  8. 8.A small family shop borrows ₹200 from a bank at 5% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  9. 9.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  10. 10.💡 Before borrowing, what should you ask? (a) can I pay it back? (b) what is the logo? (c) nothing (d) how fast can I spend?
  11. 11.Diya’s stall made a profit of ₹400. Diya saves 50% of it. How many rupees are saved?
  12. 12.🐷 Why save part of the profit? (a) to waste it later (b) no reason (c) for bad days and goals (d) saving is a loss
  13. 13.🐷 Saving, reinvesting or spending: buying a second juicer? (a) reinvesting (b) spending (c) saving
  14. 14.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  15. 15.🐷 Saving, reinvesting or spending: better paint for cards? (a) saving (b) reinvesting (c) spending
  16. 16.A small family shop borrows ₹900 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  17. 17.Kavya’s stall made a profit of ₹1200. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  18. 18.Saanvi’s stall made a profit of ₹900. Saanvi saves 10% of it. How many rupees are saved?
  19. 19.Which of these is saving? (a) sweets for yourself (b) a new video game (c) a piggy bank for later (d) more seeds for next time
  20. 20.A small family shop borrows ₹100 from a bank at 8% simple interest per year. How much interest is due after 3 years (in ₹)?
  21. 21.A small family shop borrows ₹800 from a bank at 8% simple interest per year. How much interest is due after 1 year (in ₹)?
  22. 22.A small family shop borrows ₹400 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  23. 23.📆 Why repay a loan on time? (a) to pay more interest (b) to lose friends (c) to keep trust (d) it does not matter
  24. 24.Which of these is reinvesting in the business? (a) a new video game (b) better paint for cards (c) profit put in a bank (d) a piggy bank for later
  25. 25.Rohan’s stall made a profit of ₹200. Rohan saves 25% of it. How many rupees are saved?
  26. 26.Saanvi’s stall made a profit of ₹1600. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  27. 27.Joseph’s stall made a profit of ₹1900. Joseph saves 50% of it. How many rupees are saved?
  28. 28.Which of these is spending on yourself? (a) an emergency fund (b) buying a second juicer (c) profit put in a bank (d) a new video game
  29. 29.Gurpreet’s stall made a profit of ₹1800. Gurpreet saves 50% of it. How many rupees are saved?
  30. 30.Which of these is reinvesting in the business? (a) an emergency fund (b) a new video game (c) buying a second juicer (d) a piggy bank for later
  31. 31.Farhan’s stall made a profit of ₹300. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  32. 32.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) saving (c) reinvesting
  33. 33.Arjun’s stall made a profit of ₹800. Arjun saves 50% of it. How many rupees are saved?
  34. 34.A small family shop borrows ₹300 from a bank at 9% simple interest per year. How much interest is due after 3 years (in ₹)?
  35. 35.A small family shop borrows ₹600 from a bank at 10% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Farhan’s stall made a profit of ₹600. 25% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  37. 37.Kabir’s stall made a profit of ₹2000. 20% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are reinvested?
  38. 38.Which of these is saving? (a) better paint for cards (b) sweets for yourself (c) an emergency fund (d) a cinema ticket
  39. 39.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much must it pay back in all after 2 years (in ₹)?
  40. 40.Dev’s stall made a profit of ₹1700. Dev saves 20% of it. How many rupees are saved?

Answer key

  1. talk to parents
  2. more seeds for next time
  3. 750
  4. 70
  5. 63
  6. putting profit back in
  7. the cost of borrowing
  8. 220
  9. 327
  10. can I pay it back?
  11. 200
  12. for bad days and goals
  13. reinvesting
  14. spending
  15. reinvesting
  16. 936
  17. 480
  18. 90
  19. a piggy bank for later
  20. 24
  21. 64
  22. 416
  23. to keep trust
  24. better paint for cards
  25. 50
  26. 960
  27. 950
  28. a new video game
  29. 900
  30. buying a second juicer
  31. 150
  32. saving
  33. 400
  34. 81
  35. 120
  36. 210
  37. 400
  38. an emergency fund
  39. 208
  40. 340

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